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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Jack Sman who wrote (12620)6/19/1997 12:41:00 PM
From: Roger Cordell   of 35569
 
We're still at 7 3/4 - 8.

All the action appears to be coming from investors BUYING (at 8).

A trade went through a few minutes ago at 7 31/32 ($7.97). I would bet that this was someone selling to a MM. Even though the bid is 7 3/4, I believe that they desperately want to buy some shares.

If someone does need to sell, why don't you go for the 7 31/32. I would love to know if my thinking is correct on this.

Sorry, I'm not willing to sell any shares of my own to find out.

Roger
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